40217 Gail RdLoon LakeWA99148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Loon Lake at 40217 Gail Rd, Loon Lake, WA, 99148 listed at $449,500 pairs $2,912/mo rent with a $2,200/mo payment to leave $204/mo cash flow. Total monthly income runs $2,912/mo, and annual cash flow reaches $2,451/yr on $149,009 cash to close. Return on cash invested measures 21.55% in year one, and rental yield registers 7.77% at a $449,500 basis. Equity gained on principal adds $2,901/yr, and annual property appreciation at 5% supports $124,189 by year five. Five-year ROI tracks 111.47% and total cumulative return in cash totals $166,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,912/mo property income relative to a $2,200/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.26 Acres lot
$N/A/sqft
$70 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99148, Loon Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,007 (46.8%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 942 (43.8%) |
| Median Home Value | $498,349 |
| Average Home Value | $528,942 |
Housing Distribution
Address Breakdown
Residential
1,008
Single Family
1,008
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pollianna Dickinson-Jones • EXIT Real Estate Professionals
Mls Name: SMLS
Mls Provider:
Mls ID: #202517683
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.